Boehner: Tie federal debt limit to spending cuts

3:45 PM,
Sep. 5, 2013

U.S. Rep. John Boehner, R-Ohio, left, is speaker of the House of Representatives. He is seen with President Barack Obama.

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John Boehner

Coupling efforts to reduce America's debt and deficit with increases in the debt limit is a common-sense policy that was used under Presidents Ronald Reagan, George H.W. Bush, Bill Clinton-and President Obama.

The American people know that Washington has a spending problem, and they won't support another increase in the debt limit without meaningful action to reduce spending and reform government.

The Congressional Budget Office tells us that the federal government will spend $640 billion more than it takes in this year. Over the next 10 years, the CBO estimates we will borrow and spend ...